McGraw-Hill Companies Inc. (MHP) announced that it has signed a memorandum of understanding with the Chinese city of Kunshan and Ambow Education to help Kunshan increase its global competitiveness as a Business Process Outsourcing center.
McGraw-Hill's J.D. Power and Associates will work closely with Ambow Education on an assessment of Kunshan's competitiveness and capabilities through a first-of-its-kind Service Outsourcing Readiness Index. Kunshan will use the analysis to advance its competitiveness as a BPO center.
The company said its division, McGraw-Hill Education, is in discussions with Ambow Education about offering English Language Training programs in Kunshan. Ambow Education is a provider of personalized education and training services in China.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.